. >> mr. obama touts success. >> we've brought trade cases against china as nearly twice the rate as the last administration. >> most recently the administration, with the europeans and japan, complained to the wto that china is restricting the sale of rare earth minerals. china controls 98% of this market. used to make technology for our missile defense systems, wind turbines and your smartphone. no question china's rise led to cheap goods for u.s. consumers, but there was a cost. according to the left-leaning economic policy institute, between 2001 and 2010, the swelling trade gap with china eliminated or displaced 2.8 million american jobs. what you're not hearing on the campaign trail will be the first item on the president's desk. >> you've got to figure out how to make the relationship work. in the old days it was less difficult because china was just another one of our relationships out there. today it is the relationship. >> let's bring peter navarro and david walker back in. let's ass